Medical device company Semler Scientific increased its holdings by 47 BTC in Q3, bringing its holdings to 1,058 BTC

Medical device company Semler Scientific (SMLR) released its Q3 financial report. As of November 4, the company held 1,058 BTC, and since the last purchase was disclosed at the end of August, the company has increased its holdings by 47 BTC at a price of $3 million. In total, Semler has spent $71 million to purchase BTC, and its BTC holdings are currently worth about $71.4 million at the current price of $67,500. Semler Scientific Chairman Eric Semler said: "We are seizing the opportunity to maximize shareholder value by increasing our holdings of Bitcoin. We plan to continue to purchase Bitcoin with operating cash and cash proceeds from ATM project sales. In addition, we are exploring other financing opportunities so that we can purchase more Bitcoin." In addition, the company's $50 million at-the-market stock sale plan took effect on August 13, and since then, Semler has sold 86,734 shares and raised about $2.5 million. (CoinDesk)